503 CARR MAYOR CANTERA ST, Ponce, PR 00717
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503 CARR MAYOR CANTERA ST, Ponce, PR 00717
503 CARR MAYOR CANTERA ST, Ponce, PR 00717
503 CARR MAYOR CANTERA ST, Ponce, PR 00717
503 CARR MAYOR CANTERA ST, Ponce, PR 00717
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$ 360,000
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503 CARR MAYOR CANTERA ST Ponce, PR 00717

12 Beds

7 Baths

4,000 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $90

Subdivision Cantera

MLS Listing ID PR9122035

Bedrooms 12

HOA Y/N No

Year Built 1980

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

ATTENTION INVESTORS! High-Potential Multifamily Opportunity in Ponce. VACANT 4-story building, ready for immediate cash flow or a "Value-Add" conversion. Solid structure with approx. 4,000 SqFt of livable space designed to maximize return on investment (ROI) with an estimated market rent potential of $3,200/month.

Layout and Expansion Potential:

Levels 1, 2, and 3: Spacious 3BR/2BA units each. Perfect for stable long-term rentals or government housing assistance programs.

Level 4: 3BR/1BA unit (needs improvements) with the flexibility to optimize into 2 separate 1BR/1BA units.

Scale from 4 to 6 or 8 units! All levels have the layout potential to be divided into 1BR/1BA apartments for short-term rentals (Airbnb).

Infrastructure and Key Advantages:

Total Independence: 4 separate water meters and 4 electric meters already installed (tenants pay their own utilities!).

Galvalume roof (requires maintenance).

Strategic urban location in Ponce (Cantera Sector), steps away from universities, hospitals, and shopping centers. High rental demand. Located in a minimal flood risk zone (Zone X).

"Ready to Rent" property, ideal for setting your own market rent rates. Call today to schedule a showing and run the numbers!

Location

State PR

County Ponce

Community Cantera

Area 00717 - Ponce

Zoning R 3

Interior

Interior Features Ninguno

Heating None

Cooling None

Fireplace false

Laundry None

Exterior

Exterior Feature Balcony

Utilities Available Electricity Available, Public, Water - Multiple Meters

Roof Type Metal

Garage false

Private Pool No

Building

Foundation Block

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition None


Stellar MLS
Listed by Clara Colón Bou KELLER WILLIAMS GRAND HOMES

NEARBY SCHOOLS & PROPERTIES

Andrea And Victoria

Andrea And Victoria

Advisor | License ID: 284511378

+1(941) 929-6529

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503 CARR MAYOR CANTERA ST